this post was submitted on 24 Jun 2026
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This is what crypto could be for.
Trouble is, cash you can e-mail became a wiggly line going up, so people bet on it and ruined everything.
Proper cryptocurrency would constantly lose value and be a hot potato people seek to get rid of. Readily available - valuable through exchange - aggressively encouraging that exchange.
Eh, not really. Technologies cannot fix sociatal problems. Either you have no possibility of regulations/controls on payments, then people will buy CSAM with it. Or you have some form of control and who ever is in power can try shit like this 🤷
True democratic control might be best, but even then a majority could still oppose niche stuff for silly reasons.
I'll never forgive the techbros for fucking over crypto so hard. You're absolutely right that examples like these are a great reason why payment systems not bound by nations or corporations are good and important, but nobody is going to care anymore because they just see crypto as a scam.